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gwen moore, democrat from wisconsin. she was a staunch supporter of rice amid the republican criticism. and joan walsh, editor at large of salon.com and an msnbc political analyst. thank you both for being here tonight. >> thank you, reverend. >> thank you, reverend sharpton. >> congresswoman, what is your reaction to ambassador rice's announcement? >> i can tell you, i'm saddened. i'm enraged. this was always a fabricated, trumped up allegation. this, you know, not very briegt, there's not enough time on this program to walk through her tremendous accomplishments over the last 20 years in public service. i think that the republicans see an opportunity to have senator kerry appointed as secretary of state. and be able to rup a special election off cycle to be able to -- to win john kerry's seet in massachusetts. as you might remember, president obama sort of blew romney away in massachusetts. 60% to about 39%. and it was a little bit closer with the elizabeth, warren brown race. 63% to maybe about 43%. so all throughout these trumped up charges of her not being very bright and trustwor
on what is already a fragile economic recovery. stephen moore joins us. when economic growth was comparatively pretty good, this the president said no, now you don't want to raise tax rates because the economy is fragile. gdp is worse now, is that? >> i think almost exactly two years ago, the president said the economy is too fragile to raise taxes on anyone. so what you have essentially was a deal that was put together. remember back in december of 2010 when we were facing a very similar situation where they agreed to extend all the tax cuts for two years. by the way, that is why we are facing this new fiscal cliff. it is infuriating to business owners. i have been talking to a lot of them last couple of weeks. this is banana republic type of politics. no one knows what it will look like. it makes it impossible for businesses to do planning, purchasing equipment, hiring workers. you are seeing the impact on the stock market already where we have a lousy 10 days with stocks because everybody is in this kind of state of fear and trepidation that we are going to go over this cl
on apparently the fiscal cliff negotiations. we'll get in depth on that with steve moore ahead. all these politics play out in washington, d.c. what about your money? we'll have that next on "happening now." you know that little 50-pound thingy at the doctor's office when they weigh you, and they have to move it over? my doctor does not have to do that anymore. [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. feels great. simple. effective. take that, 50 pound thingy. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. jenna: there is breaking news. want to bring you back to the markets now. as they failed attempt at avoiding fiscal cliff sent stocks down. we're right around near the lows of session for the dow jones industrial average. there is a quick look at that we'll keep an eye on the markets. very volatile this time of year. significant that we're at this point now. also breaking this morning, house speaker john boehner is wrapping up remarks a short time a
sustain the one-two punch is anybody's question. patti ann: joining us now is steve moore from the "wall street journal." hopefully he can give us some answers. good morning, steve. what is the most immediate impact in we go over the cliff? >> we are talking about january 2nd taxing rising on over a hundred million americans. this is a big sock to the wallet of americans of every income group. let's just talk about the middle class for a minute. for those earning about 45 to 75,000 a year they are looking at paying somewhere in the neighborhood of $2,500 a year more in taxes. it's not just the warn buffets and bill gates that will be hit by tax increases. the other part of the cliff that we don't talk that much about is the automatic spending cuts would take effect starting on january 2nd, an 8% reduction in major spending categories, national defense, many of what we call the domestic discretionary programs would also be hit. this is a big fiscal wallop to the economy and a lot of economists believe it could cause a double-dip recession. patti ann: on the other hand we are hearing from
? >> brian: who is that next guest? i believe it's ryan moore, the ceo and founder of rebo innovation. >> yeah. >> gretchen: he's here to show you how you can work out from the comfort of your own desk. how did you come up with the idea? >> close friend of ours passed away from cancer. we were inspired to join 100-mile, three mountain bicycle challenge. but we needed to train. we were having a hard time running our business, getting our work done while cycling indoors and training. so we looked for a device that would allow to us mount or computers, but nothing existed, so we made our own. after training for the event exclusively using what we made and riding it, we thought hey, this is a great idea. it really works. >> steve: it really does work. and brian was talking earlier about how when he works out at the gym, he's always reading. but what i've noticed is, and this is great because you've got a laptop here -- is it's often shaky. so it's hard to read. if you come up with this desk thing, foamy and i'm sure nasa helped you develop it, the computer stays absolutely rock steady whi
Search Results 0 to 4 of about 5